Question: Complete the statements below regarding the differences between a split - up , a spin - off, and a split - off. A is when

Complete the statements below regarding the differences between a split-up, a spin-off, and a split-off.
A
is when a new corporation is formed to receive some assets from the distributing corporation and
shareholders surrender distributing corporation stock in exchange for stock in the new corporation.
A.
is when two or more new corporations are formed and receive all of the distributing corporation's property.
A
is when a new corporation is formed to receive some assets from the distributing corporation in exchange
for the new corporation's stock and none of the distributing corporation's stock is surrendered.
Complete the statements below regarding the

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